Last week, we featured an article authored by Teresa Ghilarducci and Tony James that appeared in the Harvard Business Review. The article focuses largely upon how the shift from defined benefit pension plans to 401Ks has placed many workers at risk for financially treacherous retirements. That article is so incredibly endowed with information, I thought it worthwhile to speak to some of its other conclusions.
Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.